Satellite News

GenCorp Inc. today reported results for the fourth quarter and fiscal year ending 30 November 2007.

Northrop Grumman Corporation reported financial results for the fourth quarter and the year 2007.

Lockheed Martin Corporation reported financial results for the fourth quarter and the year 2007.

SES Global plans to buy Space-Communication Ltd., the Israeli operator of the Amos satellites.

Reviewing the past year, Thales Alenia Space said it won five contracts in 2007 to build seven communications and observation satellites, and formed new strategic partnerships.

German weekly Der Spiegel quoted a confidential Berlin government report as forecasting that the Galileo navigation satellite system will cost at least EUR1.5 billion more than the EU Commission believes. The report was rejected by the German government as well as by the Commission.

Alliant Techsystems (ATK) has negotiated definitive agreements with MacDonald, Dettwiler and Associates to acquire its Information Systems and Geospatial Information Services businesses for C$1.325 billion (currently US$1.312 billion).

Japanese private equity firm Unison Capital is set to invest about US$50 million in Intelsat Ltd to help it expand in Asia, financial sources reportedly said.